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  3. Study Set
    Foundations of Macroeconomics Study Set 1
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    Exam 15: The Short-Run Policy Tradeoff
  5. Question
    The Short-Run Phillips Curve Illustrates ________ Relationship Between the Unemployment
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The Short-Run Phillips Curve Illustrates ________ Relationship Between the Unemployment

Question 2

Question 2

Multiple Choice

The short-run Phillips curve illustrates ________ relationship between the unemployment rate and the inflation rate.


A) a positive
B) a negative
C) a mixed
D) no
E) an upside-down U-shaped

Correct Answer:

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